AK Steel Provides First Quarter 2015 Earnings Guidance
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AK Steel (AKS) Guides for Q1 Net Loss; Cites Lower-than-Expected Carbon Steel Prices
March 19, 2015 5:16 PM EDTAK Steel (NYSE: AKS) provided guidance for its first quarter 2015 financial results. AK Steel said that it expects to report a net loss of $0.23 to $0.28 per diluted share of common stock for the first quarter of 2015. AK Steel said that the company's results of operations for the first quarter of 2015 have been significantly and negatively impacted by lower than expected carbon steel spot market shipments and prices due to unexpectedly high levels of what AK Steel believes are unfairly traded imports.
*** The Street sees Q1 EPS of $0.01.
For the first quarter of 2015, AK... More
